Crafting Adventures in Finance with Michael Mnatsakanian
Get Creative with Pace Morby - A podcast by Pace Morby

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Welcome to a new episode of Get Creative. Join us on Michael Mnatsakanian's journey as he shares his remarkable journey through real estate investing, from the wilderness of Alaska to the realms of creative financing. Michael dives into the ingenious strategies behind acquiring 20 rental cabins in Alaska with minimal upfront investment, showing the blueprint for scaling success nationwide. Join us as we unravel the secrets to unlocking lucrative opportunities in the dynamic world of real estate. Highlights: "It's what does the seller need? And it's changed everything for me... solve the seller's problem. They're more likely to agree with you." "I would rather have a lower cash flow with no money tied up in the deal and have a higher yield, right? And basically an almost infinite return." "You can't use other people's money to buy that stuff... You can only do that in real estate." Timestamps: 02:26- Exploring Alaskan Real Estate 04:53- Understanding Seller's Needs 06:52- Resourcefulness in Ventures 09:09- Minimal Upfront Investment 12:57- Transformational Power of Creative Finance 16:17- Structuring Finance Deals 20:10- Professional Property Management 21:36- Dealing with Mismanagement 26:50- Scaling with Strategic Partnerships 32:0- Prioritizing Higher-Value Activities Join my SubTo Mentorship: http://joinpacescommunity.com/ Join Our Free Facebook Community to Connect with KJ & Joseph: https://paceapproves.com/fbg-pod